Will We Dodge the Debt Ceiling Bullet?

[] [View in browser]( [View in browser]( [] APR 21 2023 Will We Dodge the Debt Ceiling Bullet? [] [] DON YOCHAM Another Game of Chicken Wrong address. Wrong driveway. Wrong car. Sadly, that’s all it takes to get shot in today’s America. I think it’s safe to say that paranoia, division, and suspicion have never been higher. And walking the streets of cities like L.A. and San Francisco seem more like running a gauntlet than going out for a stroll. Now, none of these trends reveal where the stock market might end up next week. But they do relate to the rapid [de-dollarization]( that will neuter the Federal Reserve, the [profound financial fragility]( caused by easy money, and the rise of [Bitcoin.]( They are all symptoms of the same cause – [social entropy.]( To resist entropy’s spread, the decaying centralized status quo will continue to spend [more money]( pass [more rules]( and ultimately engage in more war. So, there’s not a snowball’s chance in hell that the debt ceiling won’t get raised this summer. Stirring the Pot Don’t think for a minute you can count on the GOP to dig in its heels. During the presidency of George W. Bush, the Republican-controlled Congress passed legislation to raise the limit from $5.95 trillion to $6.4 trillion. They did it again a year later, this time to $7.38 trillion. In 2006, the ceiling was lifted to $9 trillion with support from both parties. Took it to $14.3 trillion in 2010. And the Republican-controlled Congress raised the debt ceiling to $21.8 trillion during the presidency of Donald Trump. In the 23 years of this century, the debt ceiling has been raised around 15 times. Both parties share the blame. Neither can claim the high ground. And know that both rely entirely on more government, not less, for power. They only differ in how they use that centralized power to violate individual rights. Okay, so, that’s the obvious. What’s not so obvious is how long Congress keeps up this round of debt ceiling chicken. Goldman Sachs projects late July. Which is as good a guess as any. (h/t my colleague [Jeffry Turnmire]( for the chart.) [] But however long the game of chicken lasts, markets are pricing in a doozy of standoff. [] The chart above shows the risk of the U.S. Treasury default. It’s now higher than at any time before in history. And though there’s no way Congress will allow the U.S. to default on its obligations, the additional turmoil political chicken games like this create in capital markets only serves to further the decay of the centralized status quo’s grip on power. And no matter how many trillions of dollars Congress raises the debt ceiling this time around, it will do nothing to slow entropy’s advance [] Take What the Markets Give You. [] JEFFRY TURNMIRE’S MORNING MONSTER Did Algos Top-Tick the Market Again? To find out, tune in [Monday at 9:15am ET]( for “Morning Monster.” Every day, I livestream what I see as the day’s big movers. I cover specific stocks I expect to move. I give you my rundown on all the major indices. Plus, I’ll take your requests to give whatever you want a good look. Make sure you join me [right here.]( Jeffry [] Are you tired of trading strategies that are all hype? So are we… So here are the facts – without hype – [on Jeffry Turnmire’s 60 Minute Trade:]( • Real Money - He takes every single trade he issues with his own money (talk about confidence!) • Dirt cheap options - The options he selects are dirt cheap, costing an average of just $66 per contract. • Average winner: 77% in 54 minutes - And that’s just the average winner. He’s even seen triple digit gains – all in under an hour. • Weird discovery on one specific ticker - one of the secrets to his success is a strange discovery he made about one very special ticker. (Click below and he’ll explain it) • In and out before 10am Eastern - every single trade opens and closes within the first 60 minutes of the trading day, so he’s never exposed to long-term market volatility.So those are the facts… Curious to learn more? [> > Click Here To Find Out More About The 60 Minute Trade! < <]( The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 1/3/2022 through 3/27/2023 the average return is 16% per trade (winners and losers) with a win rate of 61%. The average winner is 79.8% over a 54 minute holding time. The annualized rate of return is 383%. [] [] APR 21 2023 Will We Dodge the Debt Ceiling Bullet? [] [] DON YOCHAM Another Game of Chicken Wrong address. Wrong driveway. Wrong car. Sadly, that’s all it takes to get shot in today’s America. I think it’s safe to say that paranoia, division, and suspicion have never been higher. And walking the streets of cities like L.A. and San Francisco seem more like running a gauntlet than going out for a stroll. Now, none of these trends reveal where the stock market might end up next week. But they do relate to the rapid [de-dollarization]( that will neuter the Federal Reserve, the [profound financial fragility]( caused by easy money, and the rise of [Bitcoin.]( They are all symptoms of the same cause – [social entropy.]( To resist entropy’s spread, the decaying centralized status quo will continue to spend [more money]( pass [more rules]( and ultimately engage in more war. So, there’s not a snowball’s chance in hell that the debt ceiling won’t get raised this summer. Stirring the Pot Don’t think for a minute you can count on the GOP to dig in its heels. During the presidency of George W. Bush, the Republican-controlled Congress passed legislation to raise the limit from $5.95 trillion to $6.4 trillion. They did it again a year later, this time to $7.38 trillion. In 2006, the ceiling was lifted to $9 trillion with support from both parties. Took it to $14.3 trillion in 2010. And the Republican-controlled Congress raised the debt ceiling to $21.8 trillion during the presidency of Donald Trump. In the 23 years of this century, the debt ceiling has been raised around 15 times. Both parties share the blame. Neither can claim the high ground. And know that both rely entirely on more government, not less, for power. They only differ in how they use that centralized power to violate individual rights. Okay, so, that’s the obvious. What’s not so obvious is how long Congress keeps up this round of debt ceiling chicken. Goldman Sachs projects late July. Which is as good a guess as any. (h/t my colleague [Jeffry Turnmire]( for the chart.) [] But however long the game of chicken lasts, markets are pricing in a doozy of standoff. [] The chart above shows the risk of the U.S. Treasury default. It’s now higher than at any time before in history. And though there’s no way Congress will allow the U.S. to default on its obligations, the additional turmoil political chicken games like this create in capital markets only serves to further the decay of the centralized status quo’s grip on power. And no matter how many trillions of dollars Congress raises the debt ceiling this time around, it will do nothing to slow entropy’s advance [] Take What the Markets Give You. [] JEFFRY TURNMIRE’S MORNING MONSTER Did Algos Top-Tick the Market Again? To find out, tune in [Monday at 9:15am ET]( for “Morning Monster.” Every day, I livestream what I see as the day’s big movers. I cover specific stocks I expect to move. I give you my rundown on all the major indices. Plus, I’ll take your requests to give whatever you want a good look. Make sure you join me [right here.]( Jeffry [] Are you tired of trading strategies that are all hype? So are we… So here are the facts – without hype – [on Jeffry Turnmire’s 60 Minute Trade:]( - Real Money - He takes every single trade he issues with his own money (talk about confidence!) - Dirt cheap options - The options he selects are dirt cheap, costing an average of just $66 per contract. - Average winner: 77% in 54 minutes - And that’s just the average winner. He’s even seen triple digit gains – all in under an hour. - Weird discovery on one specific ticker - one of the secrets to his success is a strange discovery he made about one very special ticker. (Click below and he’ll explain it) - In and out before 10am Eastern - every single trade opens and closes within the first 60 minutes of the trading day, so he’s never exposed to long-term market volatility. So those are the facts… Curious to learn more? [> > Click Here To Find Out More About The 60 Minute Trade! < <]( The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 1/3/2022 through 3/27/2023 the average return is 16% per trade (winners and losers) with a win rate of 61%. The average winner is 79.8% over a 54 minute holding time. The annualized rate of return is 383%. [] [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 495 Town Plaza | Ponte Vedra | FL | 32081 [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 495 Town Plaza | Ponte Vedra | FL | 32081 [Prosperity Pub](